in a certain year a new bed costs 35000. if the rate of inflation was 20% for the next two years what would the same bed cost at the end of this period

Question

Mathematics

Joyce Walsh

8 June, 20:30

in a certain year a new bed costs 35000. if the rate of inflation was 20% for the next two years what would the same bed cost at the end of this period

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Answers (1)

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Matias · Answer 1

42000

Step-by-step explanation:

First of all, we need to find 20 percent of 35000.

35000*20 / 100 = 7000

now we increase the bed cost by 20 percent.

35000 + 7000 = 42000